January 4, 2026 | 08:37 pm

TEMPO.CO, Jakarta - Messages began pouring—almost without pause—into Rizki Nauli Siregar's phone on Wednesday night, September 3, 2025. The researcher at the Institute for Economic and Social Research (LPEM) and lecturer at the University of Indonesia's Faculty of Economics and Business soon realized he had been added to a group chat called the Indonesian Economists Alliance.
The names in the group were familiar. Many were longtime colleagues—researchers, lecturers and economists who regularly crossed paths at seminars, on campus or in meetings. The next morning, Rizki received a call from senior economist Lili Yan Ing of the Economic Research Institute for ASEAN. "Can you help manage this alliance?" Rizki recalled Lili asking, in an interview with Tempo on Thursday, December 18, 2025.
After agreeing, Rizki began recruiting fellow economists into the group. It started with a dozen or so people. Slowly, it grew into the hundreds-from senior economists to fresh graduates. Their initial mission was singular: to draft a set of demands that addressed the distressed economy. The conversation surged, as if long-suppressed anxiety had finally found a shared outlet.
For years, Rizki said, economists had debated deep structural problems in Indonesia's economy. The protests and riots on August 29, 2025, then pushed economists—who had largely stayed within campuses and research spaces—to speak out.
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